Hedge funds end positive streak, down 0.08 in February... [more]Komfie Manalo, Opalesque Asia: The positive streak ended. Ironically, it ended at the time of heightened market volatility that hedge funds have been hoping for.
The Preqin All-Strategies Hedge Fund benchmark said that the hedge funds' winning streak came to an end in February 2018, with

Swiss volatility hedge fund returns 6% in February... [more]Benedicte Gravrand, Opalesque Geneva: Volatility may have made a brief appearance early last month to reach levels above 50% and wipe away large sums from investors' pockets, but since, it has continued to decline across major equity, bond and currency markets; it is now at 16% on the S&P. So

Long/short equity hedge funds lead positive gains in February... [more]Recent data releases in the U.S. have contributed to stabilize fixed income markets. Recently released data on wages and retail sales for February were below expectations, while the consumer price index in February grew just in line with the consensus at 0.2% month-over-month and 2.2% year-over-year

Morgan Stanley tells banks to chase corporate clients, not hedge funds... [more]From FNLondon.com: Investment banks need to prioritise winning more corporate clients over trading on behalf of hedge funds and asset managers, according to an influential annual health check of the industry. Sales and trading revenues at the world's biggest banks fell sharply last year as investmen

Regulatory - Carried interest lives on despite tax reform... [more]From PIOnline.com: The fate of carried interest before and after 2017's tax reform drama is emblematic of the process overall: a rush to produce something regardless of whether there was true change, or in some cases, accuracy, experts said.
"The new carried interest rule was drafted to give t

Legal -From a GBP90m bonus to jail: The fall of a star trader... [more]From Businesstimes.com.sg: Christian Bittar was once among Deutsche Bank AG's highest-paid traders, a math whiz who earned a near £90 million (S$166 million) bonus in 2008 alone. Now he's sitting in a UK prison.
The 46-year-old former star banker pleaded guilty in a London court on March

Investing - Hedge funds go long on yen as team Abe's troubles deepen... [more]From Bloomberg.com: Hedge funds have been betting against the yen for almost the entire period since Donald Trump's victory in the 2016 U.S. presidential election stoked expectations for tax-cut fueled American growth and higher interest rates.
But the whiff of troubles surrounding Prime Mini

...And Finally - A kid with a real future... [more]From BizarreNews.com: The Victorville Police Department have identified a 14-year-old who has been dressing up as a police officer and pulling over drivers. According to police he was driving a white Ford Explorer with red and blue emergency lights mounted on the inside of the front windshield. The